Forex Broker Rankings

Yearly Review of Forex Brokers

Fellow Traders and Investors,

I am honored to present the second annual DUKAFX.COM Forex Broker Review.  

Over the past seven months, I have spent hundreds of hours collecting over 6,000 data points across 23 international forex brokers. Compared to last year, we have more than doubled the number of brokers included from 20 to 43.

It is no easy challenge to stay fully informed about all the products available from forex brokers; competition is fierce and brokers are constantly rolling out updates. For example, 2017 witnessed the explosion of crypto popularity, and by year-end, cryptocurrencies were offered by 70% of the industry.  

The core of our mission statement is “empowering traders,” and we achieve this by providing the information you need to select a forex broker. This is the driving force behind what inspires me every day. 

I have been on both sides of the trading spectrum: as a trader (investing) as well as working at online forex brokerages (as a licensed representative). I have spoken with thousands of traders over nearly 20 years in the industry and understand the evolving challenges market participants face.

Following the investigative research approach used by our sister site, for each forex broker, I examined 170 variables across seven key categories: Commissions & Fees, Platforms & Tools, Mobile Trading, Research, Customer Service, Education, and Offerings of Investments. This analysis enabled us to rate and rank each broker and make the results easy for you to quickly review and compare.  

To find the forex broker that best matches your needs, start with the “Best in Class” category list below, which provides an overview and ranking of recommended brokers based on aspects that matter to you most. Then, read a full-length review and compare features side by side using the comparison tool to finalize your broker selection.

May the right information empower your forex trading success and beyond,

Global Director of Research  
     

Best in Class

Our “Best in Class” awards highlight the top seven forex brokers for seven primary categories and four additional categories. Each category winner is displayed below its respective section label.

Commissions & Fees
Experience
Offering of Investments
IG Group
Platform & Tools
Dukascopy
Research
Saxo Bank
Customer Service
TD Ameritrade FX
Mobile Trading
Dukascopy
Education
IG Group
Active Trading
CMC Markets
Crypto Trading
Swissquote

Forex Broker Rankings

In total, 6,020 data points were gathered to rate and rank 43 forex brokers. To determine an Overall winner, we weighted each category as follows:

  • Commissions & Fees (20%)
  • Offering of Investments (20%)
  • Platforms & Tools (20%)
  • Research (15%)
  • Customer Service (8%)
  • Mobile Trading (10%)
  • Education (7%)

Click on any category name to filter results by that category.

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